Portfolio Operations Manager

Job Description:

A Portfolio Operations Manager position is currently open within the Commercial Real Estate Group (CREG) which involves evaluating, overseeing credit activities, and managing portfolios that include acquisition, value-add/bridge, and construction loans for all asset types.

Responsibilities:

• Assist the RM in arranging, evaluating, and handling loans for non-owner-occupied commercial real estate in accordance with the Bank's established guidelines and policies.
• Engage as the intermediary for the Relationship Manager in correspondence with clients, legal representatives, and internal business partners, enhancing operational efficiency and relationship management.
• Inspecting and preparing preliminary appraisal documents, official loan authorization memorandums, alterations, yearly appraisements, and shifts in risk assessment.
• The continuous management of portfolios involves overseeing financial statements, ensuring covenant adherence, and evaluating and modifying risk ratings when required.
• Ensure that all operations are in line with the Bank's regulatory and credit requirements.
• Carry out additional administrative tasks and specific projects to ensure the upkeep of a portfolio of clients.

Qualifications:

• Candidates must possess a bachelor's degree or a combination of educational credentials and directly linked experience.
• A desired qualification for this role is extensive experience in commercial banking, ranging from five to ten years, and at least two years of direct portfolio management in commercial real estate.
• Strong underwriting understanding, Excel modeling proficiency, and effective business writing aptitude.
• Attention to detail.
• Proficiency in examining financial statements for individuals, businesses, and investment portfolios.
• Possesses a thorough grasp of credit policy and procedures and can effectively assess the risk level of loans/credits.
• Establish remedies for troubled loan credits.
• Exhibits knowledge in treasury functions and derivative instruments, illustrating skill in aligning the Bank's resources to deliver impactful full-service solutions to the organization.

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